1. What is Marginal Standing Facility (MSF) ?
a) MSF rate is the rate at which banks lodge funds overnight with RBI buying approved government securities.
b) MSF rate is the rate at which banks borrow funds overnight from other banks against approved government securities.
c) MSF rate is the rate at which banks borrow funds overnight from RBI against approved government securities.
d) MSF rate is the minimum rate at which banks lend to the borrowers.

2. Between 2007-08 to 2012-13, the value of Card spending rose to Rs.1.97 Lakh Crores. A raise in Cards spending indicates?
a) Transformation to 'Cashless Economy'
b) Low inflation
c) Raising incomes
d) Falling prices

3. One of the Primary functions of IMF is to provide short term capital assistance to member countries through SDR (Special Drawing Rights). What is NOT true about SDR?
a) SDR is the Unit of Account of IMF & Currency code is XDR
b) Asian Development Bank (ADB) also uses SDR as its Currency
c) SDR can be exchanged only for US Dollar, British Pound, and Euro & Japanese Yen
d) None of the above

4. What is 'Packing Credit'?
a) Finance extended to packing materials industry
b) Finance extended to an Importer to pack the goods imported
c) Finance extended to Warehouses for keeping the goods packages
d) Finance extended to an Exporter to meet the costs of buying and/ or making products to be exported

5. What is NOT true with regard to Currency Chests in India?
a) They are managed by different banks on behalf of RBI
b) Deposits in Currency Chests are taken into account for calculation of CRR (Cash Reserve Ratio)
c) Standard Chartered Bank, a Foreign Bank also maintains Currency Chest
d) None of the above

6. What is NOT true with regard to Companies Act 2013?
a) An Individual can set up "One person Private Ltd Company"
b) An independent Director can hold 3 consecutive terms of 3 years
c) Listed Companies must have at least 1/3rd independent Directors
d) Prescribed Companies must have at least 1 woman Director on the Board

7. What is 'Net Interest Margin' of a Bank?
a) Margin of Interest earned on Trading in Govt Securities
b) Difference between the Base Interest Rate and the Average Lending Rate
c) Difference between the interest income and the amount of interest paid out
d) Difference between Interest on Term Loans and Interest on Cash Credits

8. RBI revised premature deposit rules of which type of accounts?
a) Kiddy accounts
b) Current accounts
c) Large value fixed deposit accounts
d) Dollar savings accounts

9. Lock period in Term deposit means?
a) Locker must be opened by the customer in the branch.
b) The Pre-maturity is not possible.
c) Another account cannot be opened by customer.
d) Nominee name need not be written.

10. Shares issued in Primary market in the form of IPO and FPO. IPO means?
a) India Public Offer
b) Initial Private Offer
c) Initial Public Off
d) Initial Public Offer

11. FPO means?
a) Follow on Public Offer
b) First Public Offer
c) Follow on Private Offer
d) Firm on Public Offer

12. RHP means....
a) Read Herring Prospectus
b) Roll Hearing Prospectus
c) Red Herring Prospectus
d) Red Herring Proposals

13. The market which expects the prices of shares go up in the market is called.....
a) Depressed market
b) Duck market
c) Bear market
d) Bull market

14. Banks usually collect penal rate of interest on ....... for the pre mature withdrawal of fixed deposits?
a) Principal
b) Rate of interest
c) Minimum deposit amount
d) Maturity amount                      

15. Which committee proposed to raise the compulsory insurance of bank deposits up to 5 Lakhs?
a) Aravind Mayaram
b) Usha Thorat
c) Damodaran
d) Syamala Gopinath